Report by Trustees of the Fareham Men’s Shed February 2025 **Trustees Annual Report & Accounts for the year to 31[st] December 2024** **Registered Charity number 1178126** **The annual report by the Trustees of Fareham Men’s Shed (FMS) presented to the Annual General Meeting on Tuesday 25 February 2025 by Chris Hodgson (Chairman).** The Trustees are pleased to provide this report together with a financial statement of our charity for the year ended 31 December 2024. The statements have been drawn up in accordance with the recommendations of the Charity Commission. ## **Governing Document** The Fareham Men’s Shed is a registered charity, number 1178126. The FMS is a Charitable Incorporated Organisation (CIO) and is governed by its Constitution and Rules. ## **Trustees** The Trustees manage the day to day running of the charity. The rules of the FMS allow for the stepping down of one third of the trustees annually, returning and new nominations are approved at the AGM. **Trustees & Committee as at 31 December 2024** Chairman: Chris Hodgson Recycling Manager: Rod Parker Vice Chairman: John Camfield Public Relations: Mick Foster Secretary: Peter Childs Sales: Richard Bunce Treasurer: Cliff Jones Health & Safety: Pat Kinchin Membership Secretary: Chris Nixon I.T.: John Rawlinson Workshop Manager: Chris Lane Social Secretary: John Peterkin Deputy Workshop Manager: Colin Foskett Project Co-ordinator: Brian McCarthy ## **Address of the Fareham Men’s Shed** 73 St Margaret’s Lane, Titchfield, Fareham, Hampshire PO14 4BG (within Titchfield Festival Theatre) **Bankers –** Lloyds Bank, 43 West Street, Fareham, PO16 0BE ## **Purpose of the charity is to:-** - provide a workshop and social centre for members - help and encourage members in maintaining their mental health and wellbeing, making new friends and enjoying working together on a range of projects - assist the local community in practical ways, whenever and wherever possible ## **Organisation:-** - **Trustees** - meet monthly throughout the year in order to administer and steer the charity. - **Investment powers -** The Trustees have unlimited investment powers. - **Related parties -** The charity has no related parties. ## _**Charity Status**_ Fareham Men’s Shed became a Charitable Incorporated Organisation (C.l.O.) in 2018 to give more flexibility and opportunities in the running of the shed and reducing risks to the Trustees in carrying out their management responsibilities. 1 Report by Trustees of the Fareham Men’s Shed February 2025 ## **General Report** With the shed back up on its feet following our official move back into our “new shed” in October 2023 events in 2024 gained momentum. The social side of just meeting at the shed for coffee tea and biscuits increased in popularity month by month proving the need for men's company, health and wellbeing. Requests for help from various groups, has given us plenty to do in the workshop and out on sites. Our involvement in our local fayres and showcases has always been well supported by our members. With organised talks, a hog roast, quizzes and trips away there has something to get involved in almost every month! ## **Membership** Membership naturally falls off at renewal time in March each year with about 60 renewing. Throughout the year we did however welcome 22 new members bringing our total membership to 80, the highest since the shed started. ## _**Men’s Health:**_ Men's health is of paramount importance for the trustees who constantly encourage members to open up if they have any health issues. Over the years we have arranged talks from men who have shared their life stories of overcoming or just coping with cancer. Our Men's Health page on our web site offers advice and guidance. During the last year we have had talks on bladder and breast cancer. The clear message to everyone is - time is crucial do not wait! Early diagnoses give options on treatment, faster recovery and survival! ## _**Events in 2024:**_ There were six main events during the year where our Shed promoted itself and offered sales tables. These were: - Titchfield Carnival and Fayre, May - Portchester Wicor School Eco Fayre, May - Fareham Community Showcase, July, West Street - Stubbington Fayre, August Bank Holiday Monday - Macmillan coffee morning, September (Just over £1,200 raised!) - Titchfield Great Barn Christmas Craft Fayre, November/December ## **Social events in the year - The SOGs** (Social Organising Gents) Four trustees organise various events in the year apart from the normal games and quizzes at the monthly social meetings. Members are kept up to date by way of SOGs newsletters; nine were issued throughout the year. Various event were:- Talks :- HANTSAR – This organisation carries out searches in Hampshire for missing persons. Bladder and breast cancer Retirement planning Visits:- The local Joint Rescue Co-ordination Centre A Titchfield Festival Theatre play entitled The Men’s Shed Screwfix Live in Farnborough Socials:Summer BBQ Christmas Party 2 Report by Trustees of the Fareham Men’s Shed February 2025 ## _**Projects & Activities:-**_ The workshop and its shedders not only produce items for the events above but also work on various projects throughout the year. These consist of repairs and work for other local charitable organisations e.g. schools, care centres, sea cadets etc. All call upon the vast experience of the Shedders! Shedders also made bug house kits that they took along to a Fareham Girls Rangers evening where they demonstrated the construction and the girls then had hands on building them A Project Board is kept up to date throughout the year where Shedders can add their names to get involved. Specific groups also meet weekly such as wood turners, horologists, games afternoons, recycling etc.. ## _**The forthcoming year 2025**_ Going forward we strive to encourage Shedders to get involved in projects, social occasions and activities. As ever, it is important that we concentrate on the health and mental wellbeing of our members. Social activities are known to promote a healthy longevity and combat loneliness. As we take on more interesting projects members will be able to get involved and kept busy and we have resurrected a regular pub lunchtime club! ## _**Financial policy and risk management**_ We continue to budget with care, and we monitor our cash flow. Reserves are held for future development of the charity's equipment and more importantly, our own purpose built premises. We have no major fixed assets, so we have no risk of loss or depreciation. Risk from public liability is covered by insurance. The accounts are operated on a Receipts and Payments basis throughout the year and are summarised in this report as at 31[st] December 2024. All expenditure is approved by trustees at monthly meetings. Training – all Shedders wishing to use the workshop machinery must undertake first time or refresher training within the new layout. Our medium to long term plan is to have our own purpose built premises. With this in mind we have made better use of our savings, gaining banking interest using fixed term and instant access accounts. ## **Change of bank** We changed our banking provider during this year to gain free banking and a much improved access to savings interest. Lloyds Bank has also provided a two person online authorisation facility eliminating the need for cheques for most payments as invoices and reimbursements are now made by the BACS system where possible. ## _**Financial position 2024**_ Expenditure was lower than 2023 when that was mainly due to the higher costs of the shed move in that year. Income has risen over all heads. Membership increased, bank interest was gained, more sales of donated tools, more sales from shed products at fayres (an extra fayre too) and donations generally. A good year! We are in a healthy position going forward. 3 Report by Trustees of the Fareham Men’s Shed February 2025 ## **Independent Examiner’s Report to the Trustees of The Fareham Men’s Shed (FMS)** I have examined the accounts and supporting documents of the FMS for the year ended 31 December 2024, a summary of which is shown below. I have no concerns and confirm that the summary is a true reflection of receipts and payments during the year. ## **Stuart Rowe - Independent checker** 7th February 2025 ## **Fareham Men's Shed Summary Account 2024** |**INCOME**
**Membership fees**
**Member Donations re Tea & Coffee etc**
**Lloyds Bank Interest**
**Grant from HCC (Tools)**
**Sale of Donated items/tools etc**
**Donations for items made etc**
**Donations - Other**|**2024**
**_2023_**
**£**
**5,319.00**
5,052.00
**326.79**
474.16
**748.74**
0.00
**600.00**
0.00
**7,769.26**
6,251.84
**1,631.90**
1,033.00
**1,779.18**
2,315.53|**2024**
**_2023_**
**£**
**5,319.00**
5,052.00
**326.79**
474.16
**748.74**
0.00
**600.00**
0.00
**7,769.26**
6,251.84
**1,631.90**
1,033.00
**1,779.18**
2,315.53||**EXPENDITURE**
**2024**
**2024**
**2023**|**EXPENDITURE**
**2024**
**2024**
**2023**| |---|---|---|---|---|---| |||||**£**
**£**
**£**
**Shed Running Costs:-**
**3,861.03**
3,739.91
**Equipment purchased**
**2,080.01**
2,335.16
**Social Events**
**1,057.48**
253.30
**FMS shirts/fleeces (net)**
**358.26**
31.79
**Shed Move Costs**
**0.00**
3,721.59
**Miscellaneous**
**64.74**
108.29|| |**TOTAL RECEIPTS**|**18,174.87**|15,126.53||**TOTAL PAYMENTS**
**7,421.52**|**10,190.04**| **Notes** - 3 x 2025 advance payments;summer BBQ 2025 and hall hire = £278 Accounts prepared by FMS Treasurer - Cliff Jones Dated ….. 30th January 2025 |**Fund Summary for 2024**|| |---|---| |**£**
**Fund brought forward from 2023**
**Total Net Income**
**Less - Total Net Expenditure**
**Funds 31st December 2024**|**41,877.33**
18,174.87
-7,421.52| ||**52,630.68**| ||| |Independent Chec
Dated 7|ker - Stuart Rowe
th February 2025| 4